Announcement • Dec 24
SysGroup plc (AIM:SYS) acquired Saxis Group Ltd from L Douglas for £1.8 million. SysGroup plc (AIM:SYS) acquired Saxis Group Ltd from L Douglas for £1.8 million on December 22, 2025. A cash consideration of £1.25 million will be paid by SysGroup plc. SysGroup plc will pay an earnout/contingent payment of £0.5 million cash. As part of consideration, £1.75 million is paid towards common equity of Saxis Group Ltd.
For the period ending September 29, 2025, Saxis Group Ltd reported total revenue of £2.1 million and EBITDA of £0.5 million.
Jordan Warburton, James Whyman, Emma Burn and Nick Searle of Zeus Capital acted as nominated Adviser and Broker to SysGroup plc.
SysGroup plc (AIM:SYS) completed the acquisition of Saxis Group Ltd from L Douglas on December 22, 2025 Reported Earnings • Dec 05
First half 2026 earnings released: UK£0.014 loss per share (vs UK£0.012 loss in 1H 2025) First half 2026 results: UK£0.014 loss per share (further deteriorated from UK£0.012 loss in 1H 2025). Revenue: UK£9.93m (down 2.2% from 1H 2025). Net loss: UK£1.16m (loss widened 42% from 1H 2025). Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Nov 25
SysGroup plc to Report First Half, 2026 Results on Dec 03, 2025 SysGroup plc announced that they will report first half, 2026 results on Dec 03, 2025 Announcement • Aug 08
SysGroup plc, Annual General Meeting, Sep 16, 2025 SysGroup plc, Annual General Meeting, Sep 16, 2025. Location: the offices of hill dickinson llp, no 1 st michaels, jacksons row, m2 5wd, manchester United Kingdom Reported Earnings • Jul 25
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: UK£0.023 loss per share (improved from UK£0.12 loss in FY 2024). Revenue: UK£20.5m (down 9.7% from FY 2024). Net loss: UK£1.83m (loss narrowed 69% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. New Risk • Jul 24
New major risk - Revenue and earnings growth Earnings have declined by 92% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 92% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (UK£1.1m net loss next year). Market cap is less than US$100m (UK£15.4m market cap, or US$20.8m). Announcement • Jul 14
SysGroup plc to Report Fiscal Year 2025 Results on Jul 24, 2025 SysGroup plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Jul 24, 2025 New Risk • Jun 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Currently unprofitable and not forecast to become profitable next year (UK£999k net loss next year). Market cap is less than US$100m (UK£17.5m market cap, or US$23.5m). New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (UK£999k net loss next year). Market cap is less than US$100m (UK£19.6m market cap, or US$24.3m). Recent Insider Transactions • Jan 29
Executive Chairman recently bought UK£140k worth of stock On the 24th of January, Heejae Chae bought around 800k shares on-market at roughly UK£0.17 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Heejae has been a buyer over the last 12 months, purchasing a net total of UK£174k worth in shares. Reported Earnings • Dec 05
First half 2025 earnings released: UK£0.012 loss per share (vs UK£0.015 loss in 1H 2024) First half 2025 results: UK£0.012 loss per share. Revenue: UK£10.2m (down 7.4% from 1H 2024). Net loss: UK£818.0k (loss widened 9.7% from 1H 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the IT industry in the United Kingdom. New Risk • Dec 03
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: UK£5.9m Forecast net loss in 2 years: UK£500k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£500k net loss in 2 years). Market cap is less than US$100m (UK£23.6m market cap, or US$29.9m). Announcement • Aug 16
SysGroup plc, Annual General Meeting, Sep 20, 2024 SysGroup plc, Annual General Meeting, Sep 20, 2024. Location: the offices of hill dickinson llp, 50 fountain street, m2 2as, manchester United Kingdom Announcement • Jul 24
SysGroup plc to Report Fiscal Year 2024 Results on Jul 31, 2024 SysGroup plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Jul 31, 2024 New Risk • Jul 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 70% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (UK£648k net loss in 2 years). Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (UK£29.0m market cap, or US$36.7m). Announcement • Jun 15
SysGroup plc has completed a Follow-on Equity Offering in the amount of £0.276262 million. SysGroup plc has completed a Follow-on Equity Offering in the amount of £0.276262 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 837,157
Price\Range: £0.33 New Risk • Jun 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (UK£648k net loss in 2 years). Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (UK£17.1m market cap, or US$21.8m). Announcement • Jun 05
Sysgroup plc Appoints as Davin Cushman as Non-Executive Director, Effective June 10, 2024 SysGroup plc announced the appointment of Davin Cushman as Non-Executive Director, effective June 10, 2024. Davin has over 25 years of experience within the technology industry having started his career in 1996 with enterprise application pioneer Trilogy. He served as CEO at Ignite Technologies, an enterprise software company, where he completed over 40 mergers and acquisitions during his decade-long tenure. Subsequently, he founded Brightrose Ventures to advise, acquire and operate software companies, with a later $100 million commitment from Brentwood Associates for software acquisitions. Davin has an undergraduate degree in Politics from Princeton University and a MBA from Kellogg at Northwestern University. Board Change • May 06
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Mike Fletcher is the most experienced director on the board, commencing their role in 2018. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Dec 12
SysGroup plc Announces Board Changes SysGroup plc announced the appointment of Mark Reilly as Non-Executive Director, effective immediately. In addition, after more than a six-year tenure, Mark Quartermaine, Non-Executive Director, will step down from the Board with immediate effect. Mark Reilly is currently Managing Partner, Technology at IP Group plc. Mark was previously a non-executive director at Actual Experience plc and Mirriad Advertising plc. He has overseen more than 200 private and public company venture transactions and has over a decade of experience sitting on technology company boards. He was a board member of Wave Optics when it was sold to Snap Inc. for over $500m and led the first investments into several of the UK's most Deep tech start-ups. Mark holds a PhD in Engineering from Cambridge University. Reported Earnings • Nov 29
First half 2024 earnings released: UK£0.015 loss per share (vs UK£0.002 loss in 1H 2023) First half 2024 results: UK£0.015 loss per share (further deteriorated from UK£0.002 loss in 1H 2023). Revenue: UK£11.0m (down 3.2% from 1H 2023). Net loss: UK£746.0k (loss widened UK£629.0k from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Buying Opportunity • Nov 27
Now 20% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be UK£0.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buying Opportunity • Nov 01
Now 22% undervalued Over the last 90 days, the stock is up 39%. The fair value is estimated to be UK£0.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Board Change • Oct 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Mike Fletcher was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 26
SysGroup plc Appoints Paul Edwards as Non-Executive Director SysGroup plc announced the appointment of Paul Edwards as Non-Executive Director, effective immediately. Paul is currently Chief Financial Officer of Tatton Asset Management plc and has previously been Group Finance Director of a number of quoted companies including Scapa Group plc (Scapa) and NCC Group plc (NCC). He has also held a number of other senior finance roles in a broad range of listed and private companies. Following the appointment of Paul Edwards and the retirement of Michael Edelson at the recent AGM, the Board comprises Heejae Chae (Executive Chairman); Martin Audcent (Chief Financial Officer); and Mike Fletcher, Mark Quartermaine and Paul Edwards (Non-Executive Directors). In accordance with Schedule 2(g) of the AIM rules, Paul Edwards (aged 56) holds or has held in the past five years the following directorships: Current Directorships Tatton Asset Management plc; Paradigm Investment Management LLP; Sinfonia Asset Management Limited; Tatton Crown Investments Limited; Tatton Onshore Tax Strategies Limited; Tatton Investment Management Limited; Tatton Oak Limited; Paradigm IFA Company Limited; Tatton Capital Group Limited; Paradigm Partners Limited; Nadal NewCo Limited; Tatton Capital Limited; Amber IFA Co Limited. Previous Directorships held during the last five years: Amber Financial Investments Limited. Following the appointment of Paul Edwards and the retirement of Michael Edelson at the recent AGM, the Board comprises Heejae Chae (Executive Chairman); Martin Audcent (Chief Financial Officer); and Mike Fletcher, Mark Quartermaine and Paul Edwards (Non-Executive Directors). Announcement • Aug 18
SysGroup plc, Annual General Meeting, Sep 22, 2023 SysGroup plc, Annual General Meeting, Sep 22, 2023, at 09:00 Coordinated Universal Time. Location: offices of Hill Dickinson, 50 Fountain Street Machester United Kingdom Announcement • Jun 27
Sysgroup plc Announces Board Changes SysGroup plc announces customary due diligence has been completed in respect of Heejae Chae, who has now been formally appointed to the SysGroup Board of Directors (the "Board") as Executive Chairman, effective immediately. Buying Opportunity • Jun 27
Now 21% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be UK£0.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • Jun 26
Full year 2023 earnings released Full year 2023 results: Revenue: UK£21.6m (up 47% from FY 2022). Net loss: UK£7.0k (down 102% from profit in FY 2022). Profit margin: 0% (down from 3.1% in FY 2022). Recent Insider Transactions Derivative • May 29
CEO & Director exercised options and sold UK£758k worth of stock On the 26th of May, Adam Binks exercised 2m options at a strike price of around UK£0.01 and sold these shares for an average price of UK£0.38 per share. This trade did not impact their existing holding. For the year to March 2018, Adam's total compensation was 66% salary and 34% non-salary. Since June 2022, Adam has owned 220.13k shares directly. This was the only transaction from an insider over the last 12 months. Reported Earnings • Nov 22
First half 2023 earnings released: UK£0.002 loss per share (vs UK£0.003 profit in 1H 2022) First half 2023 results: UK£0.002 loss per share (down from UK£0.003 profit in 1H 2022). Revenue: UK£11.3m (up 49% from 1H 2022). Net loss: UK£117.0k (down 170% from profit in 1H 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Nov 21
SysGroup plc Provides Earnings Guidance for the Year 2023 SysGroup plc provided earnings guidance for the year 2023. Trading for the second half has continued with positive momentum and the Board is therefore confident in meeting its full year expectations. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Director Mike Fletcher was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 01
Full year 2022 earnings released: EPS: UK£0.009 (vs UK£0.005 in FY 2021) Full year 2022 results: EPS: UK£0.009 (up from UK£0.005 in FY 2021). Revenue: UK£14.7m (down 19% from FY 2021). Net income: UK£451.0k (up 88% from FY 2021). Profit margin: 3.1% (up from 1.3% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 39%, compared to a 18% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Jul 29
SysGroup plc, Annual General Meeting, Sep 08, 2022 SysGroup plc, Annual General Meeting, Sep 08, 2022, at 09:00 Coordinated Universal Time. Location: Hill Dickinson, 50 Fountain Street, Manchester United Kingdom Reported Earnings • Jun 20
Full year 2022 earnings released: EPS: UK£0.009 (vs UK£0.005 in FY 2021) Full year 2022 results: EPS: UK£0.009 (up from UK£0.005 in FY 2021). Revenue: UK£14.7m (down 19% from FY 2021). Net income: UK£451.0k (up 88% from FY 2021). Profit margin: 3.1% (up from 1.3% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Director Mike Fletcher was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Apr 19
SysGroup plc to Report Fiscal Year 2022 Results on Jun 20, 2022 SysGroup plc announced that they will report fiscal year 2022 results on Jun 20, 2022 Announcement • Apr 06
SysGroup plc (AIM:SYS) entered into an agreement to acquire Truststream Security Solutions Limited from Paul Sullivan, Bryan Thomson and others for £7.88 million. SysGroup plc (AIM:SYS) entered into an agreement to acquire Truststream Security Solutions Limited from Paul Sullivan, Bryan Thomson and others for £7.88 million on April 5, 2022. The transaction has been funded from the Group's existing cash resources supported by a new revolving credit facility provided by Santander. The Company has re-financed its existing term loan facility of £1.75m and its undrawn acquisition revolving credit facility of £3.25 million and replaced both with a new £8.0 minimum revolving credit facility with Santander to provide additional financial flexibility for the Group. The new banking facility has a term of five years with covenants that will be tested quarterly relating to total net debt to Adjusted EBITDA leverage and minimum liquidity. The Group has drawn down £4.5m against the new facility towards the funding of the Truststream Acquisition. Paul Sullivan and Bryan Thomson will continue in their current roles as part of the wider SysGroup team for a minimum period of two years. Dan Bate and James Edis of Zeus Capital Limited acted as financial advisors to SysGroup plc. Reported Earnings • Nov 24
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: UK£0.003 (up from UK£0.002 in 1H 2021). Revenue: UK£7.58m (down 16% from 1H 2021). Net income: UK£167.0k (up 76% from 1H 2021). Profit margin: 2.2% (up from 1.1% in 1H 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.1%. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
Full year 2021 earnings released: EPS UK£0.005 (vs UK£0.002 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£18.1m (down 7.0% from FY 2020). Net income: UK£240.0k (up UK£362.0k from FY 2020). Profit margin: 1.3% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 22
Full year 2021 earnings released: EPS UK£0.005 (vs UK£0.002 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£18.1m (down 7.0% from FY 2020). Net income: UK£240.0k (up UK£362.0k from FY 2020). Profit margin: 1.3% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Apr 20
Sysgroup plc Provides Earnings Guidance for the Year 2021 SysGroup plc provided earnings guidance for the year 2021. For the period, the company is expected to be approximately 7% lower than the comparative period due to the impact of the pandemic as customers deferred decisions on new expenditure, as noted in the Group's half year results to 30 September 2020. Is New 90 Day High Low • Jan 14
New 90-day high: UK£0.44 The company is up 33% from its price of UK£0.33 on 15 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 11% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: UK£0.34 The company is up 5.0% from its price of UK£0.33 on 28 August 2020. The British market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 3.0% over the same period. Reported Earnings • Nov 26
First half 2021 earnings released: EPS UK£0.002 The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: UK£9.01m (down 2.7% from 1H 2020). Net income: UK£95.0k (up UK£522.0k from 1H 2020). Profit margin: 1.1% (up from net loss in 1H 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 22
New 90-day high: UK£0.34 The company is up 3.0% from its price of UK£0.33 on 24 July 2020. The British market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 1.0% over the same period.